Bank of Hawaii Corporation reported earnings results for the fourth quarter and full year 2012. For the quarter, the company reported net income of $40.3 million or $0.90 per share compared to $41.2 million or $0.92 per share in the third quarter and $39.2 million or $0.85 per share in the fourth quarter of 2011. Return on assets was 1.19% and return on equity was 15.5%.

For the full year, net income was $166.1 million or $3.67 per share compared to $160 million or $3.39 per share in 2011. Return on assets was 1.22% and return on equity was 16.2%. Earnings per share were up 8.3% in 2012.

Net charge-offs for the fourth quarter of 2012 totaled $2.1 million, up $642,000 on a linked-quarter basis and down $4.9 million year-over-year.